Question

Increase in amount
Percent increase with respect to the cost price
* 100%
Original amount
40
x 100 = 66.67%
60
So, the marked price is 66.67% above the cost price.
Exercise 8.3
1. A dealer buys some pens from a wholesaler at the rate of 330 per pen and marked them at 40 each.
How much discount he should allow to get a profit of 20%?
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Answer 1

Answer:

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